Giuseppe Graziano released the Liquid Domain Report for Q2 2026

📈 Public disclosed sales rose 53.01%, reaching $7.82M, showing a meaningful rebound in reported liquid domain transactions.

💸 Escrow.com sales came in at $16.36M, down 35.95%, but still more than double the public market total, confirming that most liquid domain activity remains private.

💼 3L and 4L .coms dominated again across both channels, with 4L leading escrow volume and 3L close behind, reinforcing their position as the core of the liquid market.

🏛 Public sales were highly concentrated, with 3L and 4L .coms making up the bulk of disclosed volume while most other liquid categories remained thinly traded.

🌐 2L domains remain the most developed category by far, with nearly 30% in active use, continuing to signal deep end-user adoption and long-term scarcity value.

🧱 2C domains continued to stand out in development as well, at roughly 18%, placing them surprisingly close to 3L .coms and ahead of most numeric categories.

🌀 Turnover remained low overall, but 5N, 2C, and 4N showed the most movement, suggesting trading activity remains selective rather than broad-based.

🧾 Numeric categories were still weak on the public side, with limited disclosed activity in 2N and 3N, while escrow volume was mostly concentrated in 4N.

💹 In Q2, liquid domains showed mixed performance versus public markets: the 5th percentile of 5N .coms gained 9.52%, while the 5th percentile of 4L .coms fell 10.81%.

📊 Over the past 12 months, public equities sharply outperformed liquid domains, with NASDAQ, SPX, and GLD all up more than 20%, while 4L .coms were flat and 5N .coms declined 8%.